2901 Huntington Ave
Newport News, VA
Price:
$5,763,000
Cap Rate:
5.50%
NOI:
$316,961
Building Size:
Approx. 4,088 Sq. Ft.
Lot Size:
Approx. 0.8 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 4,088+/- SF Building on 0.80+/- Acre Site
- Rare 15-Yr. Corporate Absolute NNN Lease w/ 10% Rent Bumps Every 5 Yrs., Starting Yr. 6 in Primary & Yr. 16 in Options
- Located Right Off Hwy 664 (86,000+ VPD) & the Only Fueling Station in the Newport News Shipyard
- Within Walking Distance of Newport News Apprentice School (800 Students) & 12 Mins. From Warwick High School (1,591 Students)
- 7 Miles From Naval Station Norfolk – Headquarters & Home Port of U.S. Navy’s Fleet Forces Command
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Newport Shipyard | 5th Most Populous City in Virginia | Population: 179,582+
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